The Digest’s Top 10 Innovations for the week of July 11th

#8 Califia Farms lands $50 million to expand plant-based beverage manufacturing

In California, Califia Farms, best known for its innovative plant-based beverages in distinctive curvy bottles, closed another round of funding that brought in over $50 million. Califia is a leading refrigerated nutmilk, non-dairy creamer and ready-to-drink coffee brand in the Natural and Specialty channels that recently launched a breakthrough line of dairy free probiotic yogurt drinks.

“This round of funding will allow us to further pursue our vision to be the leading plant-powered food and beverage company of the future by investing in our four brand pillars of sustainability, health and wellness, plant-based innovation and engaging consumer experiences,” said beverage visionary Greg Steltenpohl, CEO and Co-Founder of Califia Farms.

Califia will be expanding its company-owned manufacturing capacity and further develop its go-to-market capabilities for commercializing recent innovations in Plant-Based Milks, Non-Dairy Creamers and Cold Brew Coffees, and promoting the launch of its breakthrough line of Probiotic Dairy Free Yogurt Drinks.